MBNA America ripoff unfair and deceptive business practices Wilmington Delaware

Stay away from this company. They made an attractive offer for us to consolidate our credit cards into a fixed rate 7.99% line of credit. We should have read the fine print however since after a year with an excellent payment record they quietly slipped the rate up to 19%.

They also will also whack you with $40-$50 fees if you are late on a payment or whenever you draw money on your credit-line using the counter-checks they are always sending you. I also distrust their on-line statements since they whacked me with a huge fee for overdrawing my balance one time when I had checked it the evening before and the funds were supposedly available. I'm looking for alternate credit sources know to transfer my balances out ASAP from this highly disreputable company.

Chris
Everett, Washington
U.S.A.